Powered by:  

Want to sell your overseas property?
Want to advertise your holiday home to rent to 40 million possible renters.
Contact us on info@myoverseasproperty.ie


Property for sale information

 
An Douar, South Brittany  
Reference nr: PD423855
Description:

The development is made up of 66 units from studios to 2bed mezzanines, overlooking the pool and the sea.

From €100,308 excluding VAT and purchase costs.
Delivery is planned for mid 2008.
The return is 4.27%, and 1.5% in holiday budget - which is equivalent to 3 free weeks.
200 metres from the beach.

The development is made up of 66 units from studios to 2bed mezzanines, from 18m2 to 73 m2 in small buildings, overlooking the pool and the sea. Most apartments have a sea view. The resort includes an outdoor heated pool, a fitness centre, Jacuzzi and bar. This off-plan project with bank guaranty will be delivered mid 2008.

Audierne has been selected by prime management companies (Pierre et Vacances) to open leaseback resorts. A Casino is planned to be built in the coming years. The resort will be managed by Goelia, one of the best management companies in France. They manage more than 50 holiday resorts in France. The company has a high reputation, and shows impressive financial returns each year. The return is 4.27% plus 1.5% in holiday budget which is an equivalent of 3 free weeks). In addition owners will receive a discount for any reservation in any resort managed by Goelia.

An Douar is a very well-thought out programme with high-quality services, the residence offers apartments with large balconies and private terraces from where one can enjoy the tranquility of the place with an unobstructed view over the Atlantic Ocean. The 66 furnished and well decorated apartments are divided up into 3 delightful buildings, all facing the sea, as one harmonious residence, matching up the local architecture.

From studios to 2 bedroom apartments of around 23m² to 50m², all of the units are equipped with three star modern convenience i.e. reversible air-con, kitchenette with dishwasher, 4 ring cooking plate… furnished terraces and balconies, and can accommodate from 2 to 6 people. The parking area is covered and closed for privacy and security.

Prices without vat and purchase costs start from €100,308 for a studio. Vat will be refunded after signature of the deed and according to stage payments.

Due to an exceptional location on a large white sandy beach, easy access from Paris and Roscoff, nearby Brest and Quimper, this resort is located right in the middle of a growing tourist area. Nevertheless Audierne is not over-built and the whole area remains extremely authentic and attractive. South Brittany is the fastest growing region of France regarding economy and tourism.

In summary An Douar benefits from a perfect location, reasonable prices and above all, the best management company in France which all serve to make this purchase a prime property investment in France.

Bedrooms: Bathrooms: Price (€):
0 (studio) 1 100,308
Features:
Beach
Submission Date:
10-09-2007
Advertiser Details:


Name:
Pat Cody

Company:
Marlborough International Property

Phone:
00353 1 4964134
Fax:
00353 1 496 4135
Mobile:

 
Property Photo Gallery

 

property photo
 
Calculators

 
Property price: €100,308
 

Mortgage

Initial Payment (%) *  Annual Interest Rate (%) *  Term of Loan (Yrs) 
   
Loan Amount (€)  Monthly Payment (€)  # of Payments 
 
Description: The calculator estimates monthly mortgage payments taking into account the loan amount (which depends on % of the initial payment), the interest rate and term of the loan
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations

ROI

Initial Investment (%)  ROI Calculation Term (Yrs)  Term of Loan (Yrs) 
Annual Rental Yield (%) * Annual Capital Appreciation Rate (%) * Annual Mortgage Rate (%) *
Once Off Taxes & Payments on Property Purchase (%) * Taxes & Other Annual Payments on Rental Income (%) * Other Annual Fix Payments (€) *
   
Loan Amount (€)  Mortgage Payments (€)  Additional Costs (€) **
Capital Appreciation (€)  Gross Rental Income (€)  Return on Investment (%) 
 
Description: Return on Investment (ROI) calculator estimates in % the income that the Initial Investment provides in the period of time set in "ROI Calculation Term" input box
Notes:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations
** The Additional Costs are estimated as sum of once off payments (taxes, legal support and services etc.) required to become the owner of a property, annual payments from rental income (taxes, management fees etc.) and other fix annual payments (if any); all these payments vary in different countries, regions, properties etc. and are subject to preliminary assessment & consultations

Equity Rel.

Current Property Value  Existing Mortgage  Max. Lending Available (%) * 
Max. Equity Available  Amount to Release  Annual Interest Rate (%) * 
   
Monthly Cost of Top Up (Interest Only) 
 
Description: Equity Release is a means of retaining use of your property, while also obtaining a steady stream of income, using the value of the property; the income depends on current value of the property, amount to be released and paid annual interest rate
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations